Taxes on income, profits and capital gains reached MYR 102 bil in 2020 in Malaysia, according to the National Statistical Office. This is 17.4% less than in the previous year.
Historically, taxes on income, profits and capital gains in Malaysia reached an all time high of MYR 123 bil in 2019 and an all time low of MYR 22.7 bil in 1996.
Malaysia has been ranked 56th within the group of 109 countries we follow in terms of taxes on income, profits and capital gains.
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